The Boston Options Exchange (BOX) is an equity derivatives market under the full regulatory responsibility of the Boston Stock Exchange (BSE). All trading is fully automated. A key feature of the BOX market is the Price Improvement Process (PIP), an automated trading mechanism which permits brokers to seek to improve executable client orders. This functionality is implemented in our RTD Software Products as well. Launch date of BOX is scheduled for October 2003.
Steffen Gemuenden, Member of the RTS Board, comments: "The connectivity to Boston Options Exchange is a further milestone in RTS' expansion to North America's option markets."
In addition to BOX, RTS already provides connectivity to other options markets such as ISE, CBOE Hyprid and the CBOE Autoquote system.
About RTS Realtime Systems Group:
RTS is a leading Independent Software Vendors (ISV) with local sales and support offices in the financial centres of Amsterdam, Chicago, Frankfurt, London, New York, Paris and Sydney. RTS has established itself as one of the market leaders in electronic trading software for Futures, Options, and Equity Traders.
In business since 1992 as a privately held company, RTS has over ten years of experience in developing software to trade on electronic exchanges. As one of the pioneers in the industry, RTS has developed a suite of products for market makers, proprietary traders, brokers, and day traders including our RTD Quote Machine®, the RTD Electronic Eye® and our basket trading system. With more than 3000 user licenses and connections to almost 50 exchanges around the world, RTS has secured a remarkable position on the world stage.
By offering an integrated trading, risk management and pre-execution limit control system, the RTD software products provide a comprehensive solution for trading on different exchanges worldwide from a single window. Trading speed, reliability, a proven track record and world class trading functionality have made RTD an outstanding product in the industry.
For more information about our company and our products please visit www.rtsgroup.net
